City Office REIT (CIO) Declares $0.235 Quarterly Dividend; 7.4% Yield

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City Office REIT Announces Dividends for Second Quarter 2017

June 27, 2017 7:02 PM EDT

VANCOUVER, June 27, 2017 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office") announced today that its Board of Directors authorized a quarterly dividend of $0.235 per share of common stock and common unit of partnership interest for the second quarter of 2017. 

Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock.

The dividends will be payable on July 25, 2017 to all stockholders and operating partnership unitholders of record as of the close of business on July... More